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CWB confirms election of directors

T.CWB

EDMONTON, April 3, 2020 /CNW/ - Canadian Western Bank (TSX: CWB) today announced that all nominees listed in the management proxy circular mailed to shareholders prior to the annual meeting were elected as directors of CWB. Detailed results of the vote for the election of directors held yesterday at CWB's annual meeting of common shareholders are set out below.

CWB Financial Group (CNW Group/Canadian Western Bank)

Election of Directors
On a vote by ballot, each of the 11 nominees proposed by management was elected as a director of CWB:

Nominee

Votes For

% Votes For

Votes
Withheld

% Votes
Withheld

Andrew J. Bibby

59,202,351

99.88

68,868

0.12

Christopher H. Fowler

58,872,407

99.33

398,812

0.67

Linda M.O. Hohol

59,147,503

99.79

123,716

0.21

Robert A. Manning

49,555,300

83.61

9,715,435

16.39

E. Gay Mitchell

59,178,209

99.84

93,010

0.16

Sarah A. Morgan-Silvester

59,190,195

99.86

81,024

0.14

Margaret J. Mulligan

58,385,991

98.51

885,228

1.49

Robert L. Phillips, Q.C.

51,286,955

86.53

7,984,264

13.47

Raymond J. Protti

56,916,410

96.03

2,354,809

3.97

Ian M. Reid

57,252,876

96.59

2,018,343

3.41

H. Sanford Riley

59,080,494

99.68

190,725

0.32

About CWB Financial Group
CWB Financial Group (CWB) is a diversified financial services organization known for a highly proactive client experience serving businesses and individuals across Canada. Operating from headquarters in Edmonton, Alberta, CWB's key business lines include full service business and personal banking offered through branch locations of Canadian Western Bank and Internet banking services provided by Motive Financial. Highly responsive nation-wide specialized financing is delivered under the banners of CWB Optimum Mortgage, CWB Equipment Financing, CWB National Leasing, CWB Maxium Financial and CWB Franchise Finance. Trust services are offered through CWB Trust Services. Comprehensive wealth management offerings are provided through CWB Wealth Management, which includes the businesses of CWB McLean & Partners Wealth Management and Canadian Western Financial. As a public company on the Toronto Stock Exchange (TSX), CWB trades under the symbols "CWB" (common shares), "CWB.PR.B" (Series 5 Preferred Shares), "CWB.PR.C" (Series 7 Preferred Shares) and "CWB.PR.D" (Series 9 Preferred Shares). Learn more at www.cwb.com.

SOURCE Canadian Western Bank

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2020/03/c7656.html

Chris Williams, AVP, Investor Relations, CWB Financial Group, Phone: 780-508-8229, Email: chris.williams@cwbank.comCopyright CNW Group 2020



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